The Australian subsidiary of online sportsbetting firm Betfair has announced the appointment of Andrew Twaits as its new Chief Executive Officer following the resignation of Anthony Klok.
A lawyer and the former General Manager at Cricket Australia for five years overseeing its business and legal arms, Twaits has been Betfair’s Director of Corporate and Business Affairs in Australia since April of 2005 and his new role will commence on October 16. He was the first local employee of Betfair Australia and holds degrees from Bond University in Queensland, the University of Melbourne and the Melbourne Business School.
“Andrew has been crucial to the company’s continued growth in Australia over the last four years and is the natural successor to Anthony,” said Edward Wray, Chairman for Betfair.
“He has worked alongside Anthony for the last two years and was the obvious choice to guide Betfair through the next stage of its development. The Australian wagering market is entering an exciting period and the board is very confident in the ability of Andrew and the rest of the team to help Betfair realize its potential in this market.”
Klok had served as Chief Executive Officer for Betfair Australia since December of 2006 and recently announced that he would be leaving in order to join Crown, which owns 50 percent of Betfair, as its new International Business Development Director.
“Anthony moved across to Betfair on secondment from Publishing and Broadcasting Limited in 2006 to guide the initial stages of Betfair’s establishment in the Australian wagering landscape,” said Wray.
“He will leave his position as Chief Executive Officer with the knowledge that Betfair is well placed to achieve its objectives in the Australian market. While we’ll be sad to see Anthony go, we’re delighted that he will retain a role in the business by staying on the company’s board.”